Earnings per share could drop by 5%
No viable short-term alternative to the greenback
Increased market uncertainty
More worried about election than Covid-19
Almost 100 days to go to the vote
EM countries well-placed to ride out pandemic
Political and economic fireworks could spell trouble across the pond
History tells us that US elections are all about the economy. For a nation priding itself on economic dominance on the international stage, this makes sense.